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On May 9th (Friday), Eastern Time, the three major U.S. stock indexes showed mixed trends, with the S&P 500 index down 0.07% at 5659.91 points; the Dow Jones index down 0.29% at 41249.38 points; and the Nasdaq index unchanged at 17928.92 points.
On May 9th, the Nasdaq China Golden Dragon Index fell by 0.45%.
Among popular Chinese concept stocks,
rose by 0.75%, increased by 0.13%, Motors gained 0.10%, dropped by 2.86%, fell by 2.01%, Baidu declined by 0.90%, JD.com fell by 0.76%, Alibaba decreased by 0.42%, and Pinduoduo fell by 0.25%.Baoshan E-commerce increased by 3.35% for 10 consecutive days, with a cumulative increase of 55.46%. Rongye Foods rose by 0.52% for 7 consecutive days, with a cumulative increase of 42.01%. Zhengkang International surged by 58.33% for 7 consecutive days, with a cumulative increase of 295.83%. Melco Resorts & Entertainment gained 2.39% for 6 consecutive days, with a cumulative increase of 19.09%. Zhongbi Energy rose by 4.70% for 6 consecutive days, with a cumulative increase of 19.99%.
Meiwu Technology fell by 1.06% for 7 consecutive days, with a cumulative decrease of 27.34%. Autohome declined by 1.02% for 5 consecutive days, with a cumulative decrease of 7.77%. 21Vianet Group dropped by 0.67% for 5 consecutive days, with a cumulative decrease of 15.82%. Nabtesco fell by 2.56% for 5 consecutive days, with a cumulative decrease of 13.79%. Huiyang New Energy decreased by 2.89% for 5 consecutive days, with a cumulative decrease of 11.62%.
Bilibili deepens cooperation with Tmall and JD.com for the "618" event and upgrades the data co-building plan
This year's "618" event sees Bilibili continuously strengthening its close cooperation with e-commerce platforms like Taobao and JD.com, upgrading the data co-building plan, and enhancing cooperation in promotional activities. During last year's "Double 11" sales event, Bilibili's GMV grew by 154% year-on-year, with orders for items priced over a thousand yuan doubling compared to the previous year. According to the "Spark Plan," the rate of new customers brought by Bilibili to all vertical industries exceeded 50%.
Baidu releases the 2024 ESG report and plans to train 10 million AI talents in the next five years
On May 9th, Baidu's official account released the 2024 Environmental, Social, and Governance (ESG) report. The report shows that by December 2024, Baidu has trained 5.92 million AI talents. Recently, Baidu's founder Robin Li announced: "In the next five years, Baidu will intensify efforts to train another 10 million AI talents for society."
XPeng Aeroht: Production license application for "Land Aircraft" flying vehicle accepted
On May 9th, XPeng Aeroht reached another important milestone when the production license (PC) application for the "Land Aircraft" flying vehicle (code: X3-F) was officially accepted by the Civil Aviation Administration of Southern China. This marks the beginning of the mass production system for flying car products undergoing official review. The acceptance of the production license PC review is a crucial step towards mass production delivery for XPeng Aeroht. XPeng Aeroht will continue to actively cooperate with the authorities in conducting type certification and production license reviews, aiming for mass production delivery by 2026.
Idle Fish sees card and coupon consumption increase by 140% year-on-year during the May Day holiday
The May Day holiday concluded with Idle Fish releasing the latest card and coupon consumption data, reflecting consumer travel trends during the holiday. Data shows that card and coupon consumption was booming during the May Day period, with orders surging by 140% year-on-year, especially reaching a peak on May Day itself. Among them, orders for food and dining increased the most, reaching 170%, while orders for travel and leisure entertainment both grew by over 100%.
TSMC reports April sales of 349.57 billion New Taiwan dollars, up 48.1% year-on-year
TSMC's sales for April amounted to 349.57 billion New Taiwan dollars, representing a 48.1% year-on-year increase. Revenue for the period from January to April 2025 was approximately 1,188.821 billion New Taiwan dollars, up 43.5% year-on-year.
XPeng Aeroht: Production license application accepted, with 70% completion of mass production factory
Today, XPeng Aeroht's production license (PC) application for the "Land Aircraft" flying vehicle (code: X3-F) was officially accepted by the Civil Aviation Administration of Southern China, marking the beginning of the mass production system for flying car products undergoing official review. It is reported that after the type certification application for the "Land Aircraft" flying vehicle was officially accepted on March 21st last year, XPeng Aeroht has adhered to civil aviation regulations, actively cooperating with the review team in conducting the review work. The TC review has now entered the compliance verification stage. The acceptance of the production license PC review is a crucial step towards mass production delivery for XPeng Aeroht, with the aim of achieving mass production delivery by 2026. Currently, XPeng Aeroht's flying car manufacturing base has topped out the assembly workshop, painting workshop, connection workshop, and composite materials workshop, with the mass production factory 70% completed, and is planned for completion in the fourth quarter of this year.

Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

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